April 25, 2024

Bitcoin whales have increased their holdings by 90,000 BTC in the last 25 days

Bitcoin whales have increased their holdings by 90,000 BTC in the last 25 days

According to the Santiment service, over the past 25 days, whales have accumulated about 90 thousand bitcoins in their wallets worth $ 367 million.

Company researchers analyzed addressescryptomillionaires holding from 100 to 10,000 BTC. It is currently the largest segment as it contains 9.11 million bitcoins, or 48.7% of all mined coins. This is the highest figure in the last 7 weeks, which is just a few percent below the all-time high.

In the period of market consolidation, in addition to investors, their holdings of digital assets are increasingandminers. According to the cryptanalyst company Glassnode, the daily outflow of bitcoins from their addresses fell to $ 1.7 million, which is the lowest level in the last 5 months.

Small investors are also increasing theirimpact on the market. Currently, wallets that hold no more than 1 BTC account for about 5% of the total supply of coins. This figure has doubled since the crypto boom period at the end of 2017.

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